50 perps home run for them today. sue? >> indeed it is. thanks, bertha. transports rebound after getting hit hard the other day. now up 55 on dow. s&p 500 up by 3. nasdaq up by 14 point on the trading session, ty. pretty much green across the board. >> i think transports were 52 yash week high or i can't remember which one but as you point out earlier, for dow theorists and for the market this early in the year -- >> the airline stocks have been winners the last couple of months and continue to do so today. >> of course a lot of people worry on the other hand about bonds off to a rocky start so far in 2013. hard to believe it is 2013. anyhow, that does it for this edition of "power lunch." thanks for watching. >> have a great avenue.

ty and i will see you tomorrow. prs . if the first trading day and trading week of the year mean good things for the year, happy new year. stocks higher again. history says that bodes well. we will tell you why and ask if history is just plain wrong this time. don't look now but facebook is bouncing back. stock above 30. is it time to get in and cut your losses and run. class of head fund titans over a very unlikely company. if you can't be in vegas for ces, don't worry. we will bring you some of the whoest trends right to you. sit back and relax, mandy. >> i will second that, everybody. hello, nasdaq now has gone positive for the week. so far. with today's gains and s&p and pretty close as well. the reason why this is interesting to watch is that if the average is closed this week with losses, they will have the nated between gains and losses

for six straight weeks. rick santelli and bob, am i right in thinking there are little signes this could be better than expected this season? >> yes. you're right. on both counts. it is early but there is very interesting announcements in the last 24 hours. let me show you four of them moving all of their respective sectors. alcoa, very bullish on china. danaher, big multicountry business. earnings above expectations. seagate, that's a surprise. yes, signet, big holiday jewelry company, saying they were higher than expected. take a look at multiindustry sector here. big companies, operate across many different countries. look, bullish comments from

alco-why and danaher also helping technology. up 1 to 2%. all of this seconder here. can you see the positive comments that seagate had on this drive moving all of those stocks up 5% here and 5% for western digital. finally, guys, keep an eye on big stocks. most of the big names are now negative. and mandy, they may be using thos to to buy better industries out there. >> rick san tellry, stunned and excited. give us the most interesting things right now. >> i think the most interesting thing happening in pits are traders are challenging the idea that 2013 will be all about higher rates. we are having this discussion about stocks trying to draw conclusions for the whole year based on activity towards the

end of last year and first week of this year, keep in mind when it comes to treasuries, a weakness, whether in europe, look at unemployment rate in eurozone, we will get issues we face from a fiscal standpoint. all things interest cing, a lot of the rates needs to be put in proper context. we close 2012 at 176 yield. herer with at 185. the pit didn't think it will be a great year for one position but long or short, might not be fun ventures in the fixed income market for 2013. >> bottom line, never be complacent. thank you very much, rick. >> role of tim geithner as taeshry secretary is nearing the end. we are learning more about the president's likely pick to replace him. john harwood joining us from washington. john, what can you tell us about jack lew? >> brian, jack lew is currently white house chief of staff. serving in a very low key way in

that capacity. he is a long time government servant. former aid to tip o'neill. he has experience at all of the issues coming up before congress. he has experience as hillary clinton's chief of staff. he will leave a void that in replacing rom emmanuel. who is very valuable and controversy. but jack lew is opposite of that. he thinks he las the set of skills he needs among candidates to replace jack lew as chous chief of staff. one source tells me set leading candidate. we will see if that announcement is made tomorrow as is jack lew for treasury. >> if jack lew is secretary treasury, it'll look something like this, whatever that is.

accidentally, tim geithner had a different signature but changed it for the green back. ma maybe jack lew will do the same. >> the power the new treasury hassle have the power to shape. but is this is real risk? fresh off a multiyear run at tcw, first off, congratulations of being a self-employed business man. >> thank you, very much. >> now all of the bills fall to you. >> yes. >> but it is always ladies first. >> glad to hear it. first off, jack lew, no doubt his commitment to dc. my problem is his commitment to dc. he only served out of d.c. one year in the hedge fund department. is he the right man for the job? >> listen, i think you raise an important point. i think what he is, in the

president's view, is it a safe 35ir of hands. looking for an insizer, not someone that will rock the boat. there's not been any new brand plan put forward. a steady as she goes strategy. a lot of people would have liked to see a more radical choice. any number of other candidates. but i think what we are see sgt president is not unveiling anything big and surprising at treasury. >> the man has no banking experience. this is the most important banker in the world. >> that's absolutely right. and i think that you can see though the push back from the final community against folks who, like insler, the more banking experience. one thing i will say is i think his international experience is particularly important. we are entering an era where they are less correlated. i think that it'll be really important for someone that understands the multipolar economic world as well as

multipolar political world. >> what do the market think of jack lew? >> i think markets would want them to go through quickly, plannedy. i think market would not want uncertainty. we have enough uncertainty. if on top of that we have a lengthy discussion about qualifications or otherwise, and if there are delays. that's going to be very negative for the market and for over all volatility. i would rather see that happen quickly. >> he will be named as early as tomorrow. i want to get back to markets in general though. obviously this is old adage, if we have a good first week, there a good month. if it is a good month, it is a good year. would you be buying into that. with budget dealings we have to get through this year. >> as brian said, i wouldn't go with the historic comparison. there are lots of reasons why the current year does different. one is we never had this fiscal discord that we are going

through and that will shape the rest of 2013. second, i by what we are going through is a calm after the storm. maybe a calm before the next storm in terms of what is happening in europe and that is also going to lead, i think to further heavy weights. >> we are back to square one them. >> we are not moving back. i don't think spain or greece settled at all mandy. those are some negatives that make me wonder whether the first week will be a good for the rest of the year. >> and germany is slowing as well. that to me is a very interesting shift. that the growth engine of europe really. when you see germany slowing down. >> but again, we come back to this where you have seminole time now. new treasury secretary, nearly record u.s. debt record, ex world war ii.

this is an incredibly crucial time. yet we are playing games in d.c., how do you see this shaking out? >> it is like wall street and washington are in parallel universes. i was just down in d.c. >> separated by delaware. >> exactly and you don't want go there. >> i was down in d.c. talking to new congress mman and every is pessimistic about the next round of debt talks. i don't think it'll go smooth by, i don't think the fiscal talks went smoothly, but i don't think it'll be very good this time around. >> if you look at jack lew's past, there is of an implied assumption that jack lew is not going to talk it pch whether you agree or not, the money has to come from somewhere. which may mean more tax raises but the republicans said no way.

>> i agree. one more factor is that a public is widely defeated in the fiscal cliff discussions. they have to make it up in the fiscal debt ceiling increase. they have to insist on spending cuts. what it means is having lost once on december 31st, they are tougher to negotiate the next time around. >> they always said it would come to a political game with the chicken or the debt ceiling. >> correct. >> see you soon. >> got breaking news right now. stunning news coming into the cnbc newsroom. what is it? >> for the third time since 1965, baseball writers of america did not elect a single person into the baseball hall of fame. this a big deal because a lot of players associated with the steroid jer gentleman were up. i want to give people percentages here. barry bonds received 36.2% to get in. roger clemens, mark mcguire 16

ppt 9 and sammy sosa 12.5%. shock numbers there. the closest to get in is craig bijo. 68% plus. in terms of the order. so none of those players talking clemens, and barry bonds and sammy sosa even in the top six. back to you. >> tainted era. >> yes it is. >> thank you very much. before we go to break, check out thing that makes you go hhmmmm. a new survey shows 85% americans have an unfavorable view of congress. 45% think cockroaches are bet are than congress. look at that. >> i think head lice is more popular than congress in that survey. >> yes. people get the idea.

anyway -- >> another tough day for america's dream liner. why this could be the best thing for the play. >> two tight ends are battling over herbalife. we will read between the lines to find out what is really talking about. and we go inside the company to find out why there's been controversy for years. ♪ [ male announcer ] how do you make 70,000 trades a second... ♪ reach one customer at a time? ♪

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like it needs it but another black eye for boeing.

the third in three days. our very own phil lebeau has been following this since the beginning and you have the latest for us now. phil? >> we heard from boeing executives an hour and a half ago hearing where things stand for the 787. defending it is a reliable aircraft. as we look at a picture of the ntsb increst gating the batteries, the trace the cause of the fire on monday, boeing today on a conference call defended the use of lithium ion b batteries. boeing says it has 1 million miles flown with those batteries pch they believe it is safe in the future. chief engineer is asked whether he was worried about whether or not the problems with the dream liner will hurt the plane or boeings reputation mp here is what he had to say. >> what impact he the customer serious to me, anything that create downtown on the airplane when the airplane should be flying, serious to me.

anything that creates media attention is serious to me as well. so i'm concerned about the things that everybody is concerned about. there's not a single one standing out as a particular concern from safety or economic perspective. >> by the way, we have talked about the dream liner the last three days. there are major suppliers from nine different countries building parts and opponent for this plane. we aren't talking about the suppliers at countries around the world. boeing has other 699 dream liners wp one thing to keep in mind, there have been several positive comments. not just on wall street, brian and mandy but also from some airlines flying the dream liner. qatar air saying, we stand by

this plane and it'll be profitable for them in the future. as they continue investigating what caused the fire monday. guys, back to you. >> thank you very much. let's bring in former transport tags inspector general. how far do you go. >> this is not unusual to go through this experience. i worked on triple 7, the previous model. i was the inspector general. we today look at that plane as well, certification process. because it too worked the bugs out in a period of time to literally find a few gingrichs that were present. but after 18 months to 2, it is something serious but not

something that doesn't happen in other models. >> if you think that it hasn't resulted in the loss of life. mary, if there was a more serious problem. something that could have loss of life, what would happen them. >> so far luck is with boeing and we hope it continues. if there is a lot of life what could happen and judging from what happened a long time ago wheb it was fairly new, faa could yank its air worthinesser is can cave cat and they recertify the plane or and certainly not without a major accident. the ntsb is helping with the investigation. that is the long run, though boeing probably doesn't like it, in the long run it'll spell an additional measure of safety for the plane. additional inspectors are always a good thing. by and large there aren't many federal inspectors on an aircraft. in the long run, it'll be safer.

the a-380 in air boss from recent memory, it is hard to know how normal, how normal is it for a new mass produced jet to have these level of problems? >>ity's typical but unfortunately, a lot of them have come in the space of a very new days. on the triple 7, there are problems but unfolded over months. here with the fire it is a dramatic event. this plane does have more fire suppression systems than on older kinds of planes so that's a positive development. but it was just very shocking given so many in a short period of time. >> mary, we have to leave it there. mary, there. a story nearly a year in the making. herb going to take us inside

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it is the battle of the hedge fund titans and it is over herbalife. ackman betting against the stock. dan loeb today revealing he is taking a long position in the name. the stock briefing but now a nice pop on the news. get this, it is now up 24% so far this year. for the past ten months, our very own herb greenburg is working on cnbc investigation ink project called selling the american dream. and herb joins us now. >> by the way, now live on cnbc.com. >> multilevel marketing, long been a point of controversy for the industry that utilizes it. and more investors of companies like haesh al life. since we began. >> reporter: ireporting on

herbalife ten months ago, they have generated 15 mi29 billion sales. to get a closer look at the industry, i went under cover with hidden cameras to this jreh al life recrewsment meeting in new york. >> my first six weeks part-time over 9,000 cash in my pocket. then i made over 20 thousand. >> did you really make 20,000 a month doing this? >> she makes 65,000. >> you think? >> i know. >> critic of the pyramid scheme alert says the industry is creating a main street bubble.

>> madoff conned a relatively small number of people with investment money. multilevel marketing is using a different system. incleed of taking aville on from 10 people you take $10 from a million people. >> but is it a pyramid? i sat down with michael johnson at his officers in los angeles we talked about this pir mitt controversy. >> why do you keep getting the question? >> because i think there is a preponderance in the industry. i go back to any question. i started in disney as a director thp then executive vice president. then president of the international entity of the company. so i moved up 6 or 7 levels. and at the top, sitting ceo of the company. micha michaelizen michael eyesener. is that --

>> why do have the question and to answer it? >> why not put it out there so people can say, gee, i'm thinking about becoming an herbalife distributor and then have dinner with you and say, don't go there. everybody gets screwed and are not wealthy in the company. no, not true at all. so we clarify. we put it out there. >> tomorrow we hear from mr. johnson when herbalife has an investor presentation to counter bill ackman's comment. >> on the meantime andrew, soin s /* -- andrew sorkin is on the line. >> he has a letter on his way it investors explaining this trance iks along with other

transactions. in particular given all of the interest around hash el life, he wac's walks through the investment thesis. let me walk through with you some of that letter. it is important. in particular to herb's description and bill ackman's accusation after pyramid scheme, he said quote and i think we have a full screen on this. the pyramid screen is a if you accusation study. we do not believe it has merit. the short thesis rests on the motion that ftc was asleep at the switch and will shortly awaken at the behedged short seller to shut down the company. we find this to be preposterous. while the shot of sellers presentation wag lengthy and he is describing bill ackman but not naming him in this particular case, presenting no efd that herbalife was, that cross the liep to compel

regulators to shut to down. very no new news when the president interviews even the short seller conceded the fcc was not looking at herbalife practices. part of the letter describes his expectation that company could be worth what he said somewhere between 55 and $68 a share. he said that a function of if management were to deploy the buy back authorization in the 40 to $45 range. they estimate a run rate of 2013 of 5.50 to 5.70 then what they say is a modest 10 to 12 times earning multiple. we give them somewhere between 40 to 70%. up side if you believe it. at the very end and not at the end of the letter but maybe this is the most crucial piece, you know, we talked a lot about the ftc and whether they would shut this thing down. he writes the ftc by all accounts receives a very low

volume number of complaint annually about herbalife. fewer than 40 percent year. we find it hard to believe that hundreds of thousands of people scammed are too ashamed to speak up. that's the dan loeb version of what is happening. >> first of all, on the volume of complaints, i sat down with the head of consumer protection, just departed from the ftc a number of months ago, he mentioned that also regarding consumer complaint. but i will tell you, in my ten-month investigation talking to so many former distributors. what i can tell is you the overriding theme is embarrassment. they did it to themselves. they won't complain. it's been drilled into them. you didn't work hard enough, en if you follow the plan. i want to respond to the ftc not responding to a short seller.

steve eisman made his big presentation a number of years ago. i think that got the attention of washington and some people believe this too will not get the regulators but politician -- >> herb, i don't understand. bill ackman is a smart guy. he says it is a classic pyramid scheme. dan loeb is a smart guy. he does research. he says it is not a pyramid scheme. how are two titans of their own industry seeing such different things? >> let me ask one thing. which i didn't get a chance to read yet but may explain more of this and may explain even if it is dan suggest in the letter, more of an implication than anything else, maybe there are problems. here is what he writes. finally even if there were leg

latory intervention that changed how the company did business we are comforted by the fact that 80% of renew comes from overseas. so the implication there, if he is saying, maybe the ftc does go after these people or whatever. maybe it doesn't get touched. >> if they take action you could assume because there are issues in other countries that that could take a domino effect. so i think you have to look at that. one thing when he talks about they can change the model, the way i look at this and i've said it a number of times and you look at other companies in direct selling and how they do business, that if there is a change of the model, you could end up and i keep saying this, with a reset in that business model. >> all right. >> i have a request kwek for you, andrew, this goes back it

what brian was trying to get at tp you have dan loeb, a clear stand out winner with good gains last year. horrible year for the hedge fund industry last year. bill ackman which persons money and also, i don't know, position has more sway on the market? >> that's a great question without a great answer except to say this. bill ackman has done a great onwhp when he hits the ball, he does two things traditionally. a grand slam oem run or strike out. that is is the bottom. by the way it served him very well in his shareholders and investors for a very long time. dan loeb is different under that year after year there is a greater con site of the ency to the investments. how you want it think about

that, choose your own poison. >> understand. thank you for jumping in. >> the full report of marketing and herbalife. can be found on-line right now at sellingthedream.cnbc.com. check it out. >> next, facebook phone may be in the works. could it real e be a game changer for the stock? we'll find out. but when i started losing energy and became moody... that's when i had an honest conversation with my doctor. we discussed all the symptoms... then he gave me some blood tests. showed it was low t. that's it. it was a number -- not just me. [ male announcer ] today, men with low t have androgel 1.62% (testosterone gel). the #1 prescribed topical testosterone replacement therapy, increases testosterone when used daily. women and children should avoid contact with application sites. discontinue androgel and call your doctor if you see unexpected signs of early puberty in a child,

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facebook is flying today. up about 4.7%. this is after the company sent out invite it a media event. the ini have talgs reads, come and see what we're building. so what could it possibly be? let's open up the invitation and bring in facebook analyst. what goodies do you think they have in store for us, collin? >> thanks for having me. i do think that facebook likely has a lot to share with us on the mobile front. i am doubtful though that they are specifically showing off a phone. though that is a tantalizing idea. i think facebook's growth on mobile would be better spent focusing on apps on existing plat forms. >> am i right that zuckerberg

said once it would be stupid to introduce a phone. there are good phones, like the iphone, why would they go through the trouble and expense of building their own phone. >> facebook is still young in growth and advertising so taking on the task of building a phone, a new platform, doesn't make a whole lot of sense to us. they would need a lot of support from apps to other companies like google to make that work. i don't think it makes sense for facebook at this point. >> could facebook build a building? remember they hired frank gary? could this actually be a like a structure? >> well, i don't know if i should specifically talk about that. i don't have any perspective o on whether they are showing off a new building. but certainly facebook has a lot of room for expansion and in terms of hiring lots of engineers and so, it wouldn't be completely surprising for them

to be building a bigger footprint. >> i see have you a price of $34 and rating of outperform. thank you collin sebastian. >> sure. >> despite frequent comparisons to the ill fated dodo, somehow the pc is still alive and well. we're going to find out why, exactly. ♪ [ cows moo ] [ sizzling ] more rain... [ thunder rumbles ] ♪ [ male announcer ] when the world moves... futures move first.

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comings up on the closing bell, strong earnings this morning but shares are sinking today. we will find out why from the company's ceo, in a cnbc exclusive. then the third boeing dream liner incident in three days. is it time to reconsider the safety of these tech heavy jets? we will dig into the details with a safety expert. earning season ramping up. we are bringing in the expert analyst to help you position your portfolio before the deluge of reports. that and more coming up when maria and i see you at the top of the hour. >> see you then. thanks very much, scotty. "street signs" hitting big stories of the day. amazon.com. lots of positive commentary. >> bank of america raising to 274. benchmark et company raising to 310 from 260.

they like the recent sales trends. they are optimistic about a potentially new sized kenda kin 8.9 inches. adding visa to conviction at their list. why visa and their i.t. sector, i have no ideas, but it is. there is overexposure it europe. and a well positioned for what they call the multichannel payment convergence. >> i wonder what that is. >> i have no idea. 517 closed the other day. >> dunkin brands with another upgrade. >> one of herb's favorite stocks. a buy. they like what they call menu innovation. whatever that is. people buying higher margin drinks and expanding west of the mississippi.

>> everyone want more doughnuts. apollo, last quarter earnings. descent but still tanking. >> down almost 7%. guidance is not good. trends are not good. look at this, university of phoenix enrollment down 14.3% year over year. new degree enrollment down 15% year over year. stock downgraded and first analysis. and wd 40 is the last stock of the day. >> figured that's a good one, since it's run by an aussie. mandy, look what he has done with the company, up. >> thank you, australia. >> best quarter for wd-40, ever. not just their lubricant spray. home care product that were the big growth driver for wdfc. biggest parter ever, down under. >> evuh. >> evuh. >> the government's number one

enforcing is leaving the sec. scott, our man sb live in washington, over to you, scott. >> the madoff scandal was just unfolding and the sec was at a bottom. that where robert khozami took over. 2.6 billion recovered for investors and yet people still seem to think the financial markets are rigged. not sure about what has happened in the wake of the financial crisis. do you feel there is unfinished business now as you leave? >> there is always unfinished business. but i think the sec and division of enforcement is poised as never before. whatever market transactions go forward. >> it wasn't just as the critics said at the beginning of your

term, a lot of lawyers that were -- a lot of inexperienced lawyers. how has the enforcement apparatus changed here? >> well, i think some of the comments don't pay sufficient credit to the sec staff whose been here for years and working great cases but we have taken a new approach, creating not only specialized units that focus on particular markets as experts to come in and sit with us and consult with us at deposition tablees a and ask questions of people under investigation and just bring their expertise to bear. we have done more in data analysis and proactive investigation figuring out before a fraud blows up and investor money is gone. what are earnly morning signs. stop it or defer it in the first place. >> there are a lot of casis in the financial crisis but also a lot of cases about insider

trading. there is a lot of perception out there that it hasn't been adequately prosecuted. i know there was a goldman sachs case. but how do you address it, who was inforcement for years and also general council on wall street? >> our record in the financial crisis case says very strong, over 150 individuals and entities charged. 65 of which are ceos, cfos or either senior officers. i think there a perception, understandable, that lot of pain and also that came from the financial crisis resulted from fraud and wrongdoing. but it is the case that, that's not always the explanation for it. that a lot of the excesses of the financial crisis involve issues other than fraud and wrongdoing. which is why dodd-frank is so important but we are out there looking in every nook and cranny to have it done. >> director of enforcement,

joining us exclusively. >> thank you. now to mary with breaking news, on aig. >> that right. aig's board decided ton join a lawsuit against the government. as i reported earlier, the board was going to meet today and review presentation bit new york federal reserve as well as star international which is bringing this lawsuit against the government. again, according to dow jones the board decided not to join the lawsuit to recover $25 billion from the government saying they didn't pay aig correctly during the 102 bailout you can see in the bailouts. >> lots of breaking news this hour. >> certainly is. >> next up, we head to vegas. well celebrate a big birthday for apple. plus, the pretzel burger. >> it just gets better.

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a tech trip back in time. on this date -- i can't do it.

on this date in 2007 steve jobs announced the first ever iphone. six months later the iphone was released to epic fanfare and five generations of iphone later the stock is up more than 500%, and all interpersonal communication has ended. >> why did they talk like that? >> hello and welcome to the news. they didn't talk like that in real life back then. >> who doesn't talk like that, mandy? what are you talking about? don't make me -- >> okay. staying with tech now. let's come back from the future and into the present. heard a lot of talk about the death of the pc. even debated is here on "street signs" a number of times, i believe, but new models are being shown at this year's consumer electronics show. jon fortt is over there right now. jon, what's selling? what's hot and what's not? >> well, mandy, the pc industry showing it's still alive and kicking with the new designs that pop off. they flip around.

and they slide. this toshiba, in the toshiba booth kind of cool. here from intel is one way to think about it. >> if the tablet and notebook had a baby this is kind of what you would expect to see. >> pc sales down 8% in q3, all these companies are trying to figure out new designs with touch kind of tablet like to invigorate pc sales. let's talk about price. the sweet spot for laptops these days is around $500, $600, but the challenge is to get the touch laptops with windows 8 down into this price band. we saw a $600 touch laptop in the holiday season black friday, but we don't know how long that price is going to [ laughter ] some of the ones that i touch behind me are starting at around $800 and above. intel has been trying to get the prices down, but listen to what walmart had to say about what the pc industry needs to do to really hit the price point. >> i think there's two things that the computer industry

really has to lean into, first getting the price right. the price value equation has to be right and, of course, the more prolific, the more products that are out there, the better the efficiencies and the lower the cost will be, but the second is they have got to continue to challenge themselves to solve real customer problems. you know, the day of presenting a laptop where you're focused on r.a.m. and r.oil. m. and speed is behind us. >> key for the pc business, get the touch prices down so consumers might start buying pcs anyone creasing numbers yet again. guys, back to you. >> do you think some of these are too expensive? do you? >> they are. they are right now because we know where consumers are buying. it's that $500, $600 price point. right now for touch you're paying more. intel said on the last earnings call they are working on the supply chain to get that price down by the second half of 2013. that's going to be key if the pc industry is really going to come back >> jon, thank you. let bring in the editor-in-chief

of laptop and laptopmag.com. mark, is the death of the pc greatly exaggerated? >> well, if you see all the journalists around the show covering ces they are not using tablets to file their stories. they are all using laptops, granted not all window pcs, a lot of macs here which microsoft might not appreciate but i think it's been exaggerated. >> what do we want out of a new laptop these days and is the ces showing off the kind of things that people are going to buy? >> what intel and its partners are trying to do is tell the best of both worlds approach so you have a tablet and a pc in one device. that's why they are calling them convertibles. that's not getting across to the consumer. the value proposition is you're getting two values in one and that's why there's a little bit of a premium but consumeers have been conditioned to pay $500, $600 for a laptop so they will have to try to drive those prices down and also communicate that you're getting more for your money. >> what's the hot trend, mark?

>> well, for us, it's really about detach ands. we actually change for the best of ces awards. last year we called it laptops and this year we're calling it convertibles. with all the devices behind me they are finding new ways to transform from tablet mode to laptop mode and back again, and for us the detachables make the most sense because you don't always have to have the keyboard with you. you can sort of lay back and put it right back in the dock when you're ready to work. >> we started this with talking about the death of the pc. clearly it's not dead. what is dying out there in the tech and gadget world? >> well, i mean, i think the traditional notebook is dying because people are looking for more functionally, and i was meeting with one vendor who say 40% of their loonup will be touch-enabled and back-to-school time will be really critical for the people supporting the windows platform because there's android devices out there using this hybrid device where you can snap it into a keyboard dock so microsoft is facing competition, not just from the ipad, but from

low-cost android tablets and convertibles in the android space. >> have to leave it there. thanks very much for joining us. my guess is there aren't any cool and new faxes that's being shown. >> that's the ces though. i'm pitching to cover the llf, the lifestyle fiesta where people get together and roast marshmallows. >> dance around the maypole. >> sing. >> get to know each other. >> gigs are highly underrated. anyway, we're sitting around the lows of the day for the market. they are still, what have we got the numbers there, slightly higher. still coming down from where we were earlier on in the morning. meantime, next, a country that is banning skinny models. good for them. >> and a final threat from that public policy polling survey. by the pick elled peppers that really shows how low congress has sunk. 39%, oh, my gosh, nickelback has a higher approval rating than congress.

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